Rough timing to launch a new altcoin, but the project looks pretty interesting.
Can you explain a bit more about how this invite-only thing works? And how is it the foundation for proof-of-growth, as the ANN states?
The invites help drive proof of growth and other features of Merit.
So when a miner (using Proof of Work) finds a block, It has 20 Merit. 10 go to the miner for a reward, and 10 go into a lottery where the growth rewards are distributed. I can go into much more detail, but at a high level people also call it "growth Mining" kinda cool concept.
If you want to try it out let me know:
https://wallet.merit.me/?invite=KAMO287